NOT LISTED FOR SALE

560 Bay Rd Durham, NH 03824

Estimated Value: $3,527,986

11.55 Acres
$305,453 Price per Acre
503,118 Sq Ft Lot

Last Sold December 28, 2015

Last sale price $245,000

Est. 1,340% increase in value since last sale

Current estimated payment $22,478/month

420 Days on Market

Highlights

  • 130 Feet of Waterfront
  • Deep Water Access
  • Hilly Lot
  • Mast Way School Rated A-
  • 11.55 Acre Lot
  • Wooded Lot

About This Lot

As of December 2015

GREAT VALUE ON GREAT BAY! This private high hill-top setting offers potential for expansive seasonal water views. 11.5 acres abutting extensive conservation lands and featuring old stone walls and some of the most interesting nature to be found on Durham Point. Parcel includes dock rights and septic permit for 4 bdrm + apt (5.5 bdrms). Neighborhood association shorefront recreational facility with lodge, kayak storage and dock. All lot owners have mooring rights. Beautiful spot for those looking to build a custom home now OR take advantage of low carrying costs with benefit of using the property in the interim for hiking and boating. This parcel is NOT direct waterfront and is NOT subdividable, but it sure is a Great Value for anyone looking to build a custom home with boating privileges in a private setting over-looking Great Bay! Property assessed under Current Use: ANNUAL TAXES ARE LESS THAN $53! Buyer responsible for NH Land Use Change Tax assessed at time of lot development.

Last Agent to Sell the Property

Valerie Shelton

Appledore Real Estate License #042415 Listed on: 10/14/2014

Last Buyer's Agent

Valerie Shelton

Appledore Real Estate License #042415 Listed on: 10/14/2014

Property Details

Property Type

  • Land

Lot Details

  • 11.55 Acre Lot
  • 130 Feet of Waterfront
  • Southwest Facing Home
  • Level Lot
  • Hilly Lot
  • Wooded Lot

Property Views

  • Water Views

Utilities

  • Well Required
  • Soils Analysis Septic
  • Septic Needed
  • Septic Design Available

Community Details

  • Trails
  • Deep Water Access
  • Electricity Available at Street

Listing and Financial Details

  • Legal Lot and Block 7 / 19/
  • 30% Total Tax Rate

Property Details

Property Type

Land

Lot Details

11.55 Acres

Listing Details

  • Status Detail: Closed
  • Suitable Use: Residential
  • Assessment Amount: 248600
  • Assessment Year: 2013
  • Exposure: South, West
  • Plan Survey Number: 53-8,-9
  • Property Type: Land
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • Road Frontage: Yes
  • Roads: Paved, Public
  • Easements: Yes
  • Water Body Access: Shared Private
  • Water Body Name: Great Bay
  • Water Body Type: Bay
  • Water Frontage Length: 130
  • Shore Rights: Community, Deeded

Utilities

  • Cable Company: Comcast
  • Electric: At Street
  • Sewer: On-Site Septic Needed, Septic Design Available, Soil Test Available
  • Water: On-Site Well Needed
  • Electric Company: PSNH

Condo/Co-op/Association

  • Amenities: Beach Rights, Boat Slip/Dock, Docks
  • Fee: 125

Lot Info

  • Lot: 7
  • Lot Sq Ft: 503118
  • Lot Acres: 11.55
  • Lot Description: Deep Water Access, Hilly, Level, Sloping, Trail/Near Trail, View, Water View, Wooded
  • Row To Other Parcel: Yes
  • Surveyed: Yes
  • Surveyed By: Doucet Survey
  • Zoning: Residential
  • Total Lots: 1
  • Land Restrictions: Architecture, Deed, Easement/Row, Further Subdivision, Temporary Structures

Tax Info

  • Tax Rate: 29.85
  • Tax Gross Amount: 52.15
  • Tax Year: 2015

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 14, 2014
Closed on
Dec 28, 2015
Sold by
Charles O Cressy Lt and Cressy
Bought by
Duncan Thomas W and Duncan Anne E
Seller's Agent
Valerie Shelton
Appledore Real Estate
Buyer's Agent
Valerie Shelton
Appledore Real Estate
List Price
$297,500
Sold Price
$245,000
Premium/Discount to List
-$52,500
-17.65%
Current Estimated Value
$3,527,986

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$3,282,986
Avg. Annual Appreciation
30.09%

Purchase Details

Closed on
Nov 24, 2008
Sold by
Massimilla Andrew M
Bought by
Charles O Cressy Lt and Betsy W Cressy Living

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$120,000
Interest Rate
6.03%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Duncan Thomas W $258,333 --
Duncan Thomas W $258,333 --
Duncan Thomas W $258,333 --
Charles O Cressy Lt $385,000 --
Charles O Cressy Lt $385,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Charles O Cressy Lt $120,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/28/2015 12/28/15 Sold $245,000 -17.6% --
12/08/2015 12/08/15 Pending -- -- --
10/14/2014 10/14/14 For Sale $297,500 -- --
Source: PrimeMLS

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $51,637 $2,539,947 $556,147 $1,983,800
2023 $52,019 $2,540,010 $556,210 $1,983,800
2022 $42,395 $1,459,887 $410,987 $1,048,900
2021 $39,564 $1,417,559 $411,159 $1,006,400
2020 $119 $4,281 $4,281 $0
2019 $118 $4,314 $4,314 $0
2018 $115 $4,280 $4,280 $0
2017 $55 $1,792 $1,792 $0
2016 $52 $1,743 $1,743 $0
2015 $52 $1,747 $1,747 $0
2014 $53 $1,747 $1,747 $0
2013 $54 $1,780 $1,780 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: PrimeMLS

MLS Number: 4388847

PrimeMLS

APN: DRHM-000019-000019-000007

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